Core-Mark Holding (CORE) Says Circle K Stores Supply Agreement Expired
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Core-Mark Holding Company, Inc. (Nasdaq: CORE) announced the expiration of its supply agreement with Circle K Stores Inc. for the Southeastern Region of the U.S. effective January 2017. This will reduce the number of Circle K stores that Core-Mark currently serves by approximately 1,100, a 36% reduction.
“We are disappointed that we did not retain all of the stores during this renewal process, but our long-standing partnership with this industry leading retailer remains strong,” said Thomas B. Perkins, President and Chief Executive Officer.
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